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8 Nov

Open Trade Updates For November 8, 2011 – Looking Good!

by

Asia was up overnight, Europe is up right now, futures are up and looking strong and most importantly our stocks are up… boy my coffee tastes good this morning.

Tonight I’m running a free class in chat at SMW, hope to see you there. Thursday’s class is for subscribers only. Both are at 9:00p.m. EDT.

My thoughts on RENN have not changed, please read this article if you missed it. Monday the chart started to slow its decent as suspected, so today I expect to be in the green if my assessment is accurate heading into earnings Thursday. SINA reports today after the close which could impact RENN shares tomorrow too.

COOL has been a great trade for us again and is already another 10% winner so pay yourself if you’d like. I’m going for a bit more on COOL around $4.00 and will do a video today explaining why I’m holding for about $.40 cents per share more.

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